"City" adjusts its pessimistic prediction for gold to support growth and inflation

City Group has changed its pessimistic forecast for gold, as analysts expect the precious metal to record a record level in the short term, driven by the decline of the US economy and customs duties that aggravate inflation. Analysts, including Max Leiton, wrote in a research note released on Monday, that the price of gold will extend between 3300 and $ 3600 per gram over the next three months, partly due to US customs duties on imports, which was higher than the expected 15%expected. This is a change in the position of ‘city’ compared to its expectations in June, when it is likely that Gold has traded under $ 3,000 in the coming chapters. See more: “City” expects a significant drop in gold prices in the second half of 2026. Buy gold to move from the potential stagnation. Analysts wrote: “The markets are concerned for three years of the possibility that the US economy is being stagnated as a result of high interest rates, which have encouraged investors to buy gold to move from possible losses.” They added: “This concern has probably escalated during the months. The past six in the light of the customs policy pursued by President Trump, which is the largest in a century. After achieving a sharp rise at the beginning of the year, has touched a record level to stabilize more than 3500 in April, in recent months in a limited range. Moving in the position of “city” in the city “is in the city” in the city “. The directions of other analysts more optimistic, such as ‘Goldman Sachs’ experts and ‘Videlti International’. The cohesion seen by the metal in recent months has also renewed their conservative position against gold in 2026, pointing out that the stalwart in the frequency of employment in the United States may end, in light of the greater clarity of investors on commercial policies, as well as expectations of possible economic incentives proposed by the tax project, and are called “the beautiful major law”.